Jacobs Q3 Adjusted EPS Jumps 14% to $1.84, Raises FY26 Guidance Again
J sits 35% above its 52-week low of $105.68.
Summary
Jacobs delivered a strong fiscal Q3, with adjusted EPS of $1.84 beating expectations and up 13.6% year-over-year, driven by broad-based organic growth in Infrastructure & Advanced Facilities. Revenue surged 34.5% to $4.1 billion, while backlog hit a record $28.9 billion, up 27.3%. Management raised the midpoint of FY26 adjusted EPS guidance to $7.25 (from $7.225) and tightened adjusted net revenue growth to 9.5-10.0%, marking the third consecutive guidance raise this year. The company also highlighted accelerating data center, semiconductor, and energy demand, with a 1.5x book-to-bill ratio signaling continued momentum. Free cash flow improved, leverage fell below year-end targets, and $614 million in share repurchases year-to-date underscore financial strength. This follows a Q2 GAAP loss driven by PA Consulting acquisition costs, making the Q3 rebound and raised outlook a clear positive inflection.
At the time of this announcement, J was trading at $142.68 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $16.8B. The 52-week trading range was $105.68 to $168.44. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.